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Meet the so-called ‘Peter Pan’ generation
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“Mistakes and lack of experience cost us” -Busquets
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10 Top Tips For Cheaper Home Insurance
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HLV-STORY1B-100424-EB-Liverpool: Chaos in rental market
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This Billionaire Bought Over A Thousand Small Businesses And Never Lost A Dime
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Do you now buy your booze in the supermarket?
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Interesting Items You Can Buy At Dollar Stores
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Founders of Food2Soil - Josie Grenfell and Annabel Schweiger
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_meet-the-so-called-peter-pan-generation.jpg "The average home in 2023 cost more than eight times the annual salary. It's not hard to see why a whole generation feel stuck in a rut, with little hope of ever becoming ahomeowner.")
_mistakes-and-lack-of-experience-cost-us-busquets.jpg "“Mistakes and lack of experience cost us” -Busquets from cpt 72141 cost")
_10-top-tips-for-cheaper-home-insurance.jpg "Use our money-saving tips to find the right policy and cut the cost of your premiums.")
_hlv-story1b-100424-eb-liverpool-chaos-in-rental-market.jpg "Chaos in the rental market with average of ten renters registering for each property in February. Have you/someone you know struggled to find somewhere to live? What more should be done to support struggling renters?")
_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.jpg "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_do-you-now-buy-your-booze-in-the-supermarket.jpg "Over 500 pubs closed in 2023 with this year expected to see many more- due to high prices in pubs.")
_interesting-items-you-can-buy-at-dollar-stores.jpg "You might be surprised by some of the items you can and should purchase for just a buck.")
_founders-of-food2soil-josie-grenfell-and-annabel-schweiger.jpg "The founders of the Food2Soil - a startup recycling commercial food waste into biofertiliser - are crowdraising to keep growing their business during a cost of living crisis.")
_meet-the-so-called-peter-pan-generation.webp "The average home in 2023 cost more than eight times the annual salary. It's not hard to see why a whole generation feel stuck in a rut, with little hope of ever becoming ahomeowner.")
_mistakes-and-lack-of-experience-cost-us-busquets.webp "“Mistakes and lack of experience cost us” -Busquets from cpt 72141 cost")
_10-top-tips-for-cheaper-home-insurance.webp "Use our money-saving tips to find the right policy and cut the cost of your premiums.")
_hlv-story1b-100424-eb-liverpool-chaos-in-rental-market.webp "Chaos in the rental market with average of ten renters registering for each property in February. Have you/someone you know struggled to find somewhere to live? What more should be done to support struggling renters?")
_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.webp "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_do-you-now-buy-your-booze-in-the-supermarket.webp "Over 500 pubs closed in 2023 with this year expected to see many more- due to high prices in pubs.")
_interesting-items-you-can-buy-at-dollar-stores.webp "You might be surprised by some of the items you can and should purchase for just a buck.")
_founders-of-food2soil-josie-grenfell-and-annabel-schweiger.webp "The founders of the Food2Soil - a startup recycling commercial food waste into biofertiliser - are crowdraising to keep growing their business during a cost of living crisis.")
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